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CSPAN
Nov 17, 2013 10:30am EST
-based health care; i'm looking at folks who've got medicare and medicaid -- and that accounts for the vast majority of americans. and then for people who don't have any health insurance at all, obviously that didn't apply. my commitment to them was, you're going to be able to get affordable health care for the first time. you have an individual market that accounts for about 5 percent of the population. and our working assumption was my working assumption was that the majority of those folks would find better policies at lower costs or the same costs in the marketplaces, and that the universe of folks who potentially would not find a better deal in the marketplaces, the grandfather clause would work sufficiently for them. and it didn't. and again, that's on us. which is why we're -- that's on me. and that's why i'm trying to fix it. and as i said earlier, i guess last week, and i will repeat, that's something i deeply regret because it's scary getting a cancellation notice. now, it is important to understand that out of that population, typically there is constant churn in that market. thi
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